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General Business
4 mins to read
4

Kingfish underperforms market, pays $4.4m performance fee

Unclear whether fund management staff to receive bonus.

Tim Hunter
 Mon, 29 Apr 2019

Listed investment fund Kingfish has paid its manager a performance fee of $4.4 million for the year to March, despite underperforming the NZX50 index by five percentage points.

Kingfish chairman Alistair Ryan refused to say what Kingfish returns were for the year, saying they would be reported

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Tim Hunter
 Mon, 29 Apr 2019
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Tags
Kingfish Fisher Funds alistair ryan Frank Jasper

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